Business
Afghan cargo trucks can travel freely to all parts of Pakistan
The officials of the Islamic Emirate of Afghanistan (IEA), and Pakistan agreed that from now on Afghan trucks will not be unloaded in Peshawar and Quetta of Pakistan.
The IEA and the Pakistani delegation in Kabul agreed in Tuesday’s meeting that from now on Afghan trucks will not be unloaded in Peshawar and Quetta, but will travel freely to all parts of Pakistan.
According to IEA, the same facility has been considered for Pakistani trucks when crossing Afghanistan to the Central Asia countries.
The two sides have also agreed to keep the price of coal unchanged and to facilitate trade in this field.
The two sides have also formed a joint committee for further monitoring.
In a separate meeting with IEA’s acting foreign minister, the Pakistani delegation has once again emphasized the expansion of trade relations between the two countries and said that they want to jointly invest with Afghan investors in electricity generation so that Pakistan can get electricity instead of importing coal from Afghanistan.
In this meeting, Amir Khan Muttaqi, the IEA’s acting foreign minister, emphasized that the policy of the Islamic Emirate is to make Afghanistan the economic crossroads of the region.
Both the Ministry of Foreign Affairs and the Pakistani delegation agreed that they will provide the necessary facilities in the fields of export, import and passenger movement between the two countries.
Afghan Acting Minister of Industry and Commerce Nooruddin Azizi on Tuesday said that the country is holding talks with a Pakistani delegation to sign an agreement to facilitate bilateral trade.
A trade delegation from Pakistan, led by Commerce Secretary Saleh Farooqui, arrived in Kabul on Monday evening to hold talks on coal imports as well as transit and barter trade between the two countries.
“The barter trade, which is a serious issue for Afghan traders, cross-staffing, the trade of materials, and coal will be discussed,” the acting Minister of Commerce and Industry Azizi said. Pakistan’s Commerce and Industry Ministry had earlier said that delegates will hold talks regarding trade, transit and transportation with the Afghan authorities.
Afghanistan Chamber of Commerce and Investment (ACCI) had also said that Islamabad was trying to boost its trade with Afghanistan, local media reported.
Kabul had earlier raised coal prices for Pakistan, two days ahead of the delegation’s visit. The coal price has increased from USD 200 to USD 280 per tonne. The price of coal was increased owing to the constant surge of price in the global market, Afghanistan’s Ministry of Minerals and Petroleum spokesperson Ismatullah Burhan said adding that 10,000 tons of coal are exported to Pakistan every day earning the country millions.
Earlier this month, the IEA had increased the price of coal by 30 percent after Pakistan Prime Minister Shehbaz Sharif approved importing of coal from Afghanistan. As per Sharif, Pakistan would save more than two billion dollars by importing coal from Afghanistan.
Sharif had approved the import of super-critical quality coal from Afghanistan in Pakistani rupee instead of dollars to help generate low-cost electricity in his country.
Business
Azizi calls on Malaysian investors to invest in Afghanistan
Nooruddin Azizi, Acting Minister of Commerce and Industry, met with representatives from the ministries of foreign affairs, defense and interior of Malaysia, along with other senior officials, on Wednesday and called on Malaysians to invest in Afghanistan.
The visiting delegation is being led by senior diplomat Dr. Shazelina Zainul Abidin.
According to the IEA’s foreign ministry, the two sides discussed bilateral trade, holding a business communication conference to strengthen trade relations between the two countries, the trade balance between Afghanistan and Malaysia, and creating a market for Afghan products, including carpets, cotton, and minerals.
According to the ministry, at the end of the meeting, the Acting Minister emphasized the increase of investment from regional countries in Afghanistan and called on Malaysian investors to also invest in Afghanistan.
Business
Afghanistan starts exporting via railway to Turkey
The Ministry of Interior says that Afghanistan has started exporting goods to Turkey via the Herat-Khaf railway line.
In a post on X, the ministry said: “Afghanistan’s exports to Turkey started in a calm atmosphere through the Herat-Khaf railway line.”
The ministry added that one train will run daily for a month and then two trains will run daily.
According to the ministry, the security of Khaf-Herat railway line is provided by the guards of the National Public Protection Agency.
Khaf-Herat railway project not only connects Iran and Afghanistan by rail, but also completes a 2,000-kilometer route along the east-west rail corridor from China, through Uzbekistan, to Afghanistan, to Iran, and on to Turkey and Europe.
As a landlocked country, this railway network will provide a safe route to connect with Europe via Iran’s railway network and Iran’s southern ports.
This railway line is strategic for trade between Iran and Afghanistan and will allow six million tons of goods to be sent between the two countries.
Business
Afghanistan, Kazakhstan to hold joint expo in Kabul
A joint expo between Afghanistan and Kazakhstan will be held in Kabul in the next four days, officials said on Sunday.
Officials of the Ministry of Industry and Commerce said that the two-day expo will be held for the purpose of expanding and strengthening trade relations between the two countries.
“This expo will be held as a follow-up of the Kazakh-Afghan international expo, which was held in the city of Astana, Kazakhstan, with the participation of a large delegation of the government and the private sector of the Islamic Emirate of Afghanistan,” Abdulsalam Javad Akhundzadeh, the spokesman of the Ministry of Industry and Commerce, said.
“At this expo, domestic products from different sectors of Afghanistan and the Republic of Kazakhstan will be put on display for two days.”
According to officials, 40 large Kazakh companies, and 40 large Afghan companies will exhibit their products.
Mohammad Saber Latifi, head of the Afghanistan International Expo Center, said that fruits, minerals and commercial services will be displayed at the expo.
During the expo, various memorandums of understanding for the trade of goods are also expected to be signed by companies.
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